World Bank Slashes India’s Economic Growth Forecast to 6.5% for FY23
On Thursday, the World Bank slashed its economic growth of India by a per cent to 6.5 per cent for the financial year 2022-23. For...
Tag : Russia-Ukraine war
US Pledges USD 1 Bn More Rockets, Arms for Ukraine
The US on Monday announced another USD 1 billion in new military aid for Ukraine. This becomes the biggest delivery of rockets, ammunition and other...
Ukrainian President Zelensky to Address G7 Leaders
Amid the ongoing Russia-Ukraine war, Ukrainian President Volodymyr Zelensky will address G7 leaders on Monday (local time), urging Western countries to speed up sanctions on...
Philip Morris International Buys Smokeless Tobacco Maker Swedish Match
Philip Morris International has agreed to buy Swedish Match AB, a smokeless tobacco company, for $16 billion to accelerate its growth outside cigarettes. The maker...
Air India Takes Rs 60,800 Crore Cover for its Fleet
Air India has taken a Rs 60,800 crore ($8 billion) cover by paying a Rs 266 crore premium to a clutch of insurance companies, including...
IMF Projects India’s General Fiscal Deficit at 9.9% for FY23
India’s general government fiscal deficit (states and Centre combined) has been projected at 9.9 per cent of GDP for FY23 as rising energy and food...